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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.00+8.4%Jan 16 9:30 AM EST
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To: hookjock who wrote (3512)9/25/1998 7:13:00 PM
From: Hal Campbell  Read Replies (1) of 17679
 
Yes. Not a cheery document...they were going under, but while Micronet sales declined to 11 million in the first 6 months of '98, they slowed the net losses quite a bit....likely the AXC touch. Quite an expensive balance sheet cleanup though.Lost over 13 million in '97.
Still net negative from operations the first 6 months of this year - but close to break even.
Good luck Ed. Hope you have some kind of plan. Hope you let us in on it someday. This can't be all of it.
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